Micro Mexican Peso Futures (M6M) are 1/10th the size of the standard Mexican Peso Futures, offering traders a more accessible way to gain exposure to the USD/MXN exchange rate. These smaller contracts are ideal for retail traders or those looking for more precise position sizing.
Contract Size: 50,000 Mexican Pesos
Example: This contract size allows traders to gain exposure to currencies with controlled leverage and risk.
These specifications make Micro Mexican Peso (M6M) Futures suitable for traders seeking exposure to currencies markets.
Micro Mexican Peso (M6M) Futures trade with extended hours, providing flexibility for traders in different time zones.
Platform Symbol: M6M
To trade Micro Mexican Peso (M6M) Futures, you'll need to meet specific margin requirements. Check with your broker for the latest margin rates and details.
Proper position sizing is crucial when trading Micro Mexican Peso (M6M) Futures. Use our position size calculator to determine the optimal number of contracts based on your risk tolerance and account size.
For Micro Mexican Peso (M6M) Futures (M6M):
If you want to risk $500 with a 10-point stop loss:
Risk per Contract = Stop Loss in Points × Point Value = 10 × 5.00 per 0.01 = $50
Maximum Contracts = Risk Amount ÷ Risk per Contract = $500 ÷ $50 = 10 contracts